Texas Golf Association Foundation

Analysis

Texas Golf Association Foundation is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in December 1999, 27 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Golf Association Foundation reported income of $953k and spending of $765k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $953k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Golf Association Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include ALS New Mexico ($953k), Grace House of Memphis Tennessee ($953k) and Community Ballet Association of Huntsville Inc ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. At year end it held assets of $943k against liabilities of $87k, net assets of $856k.